Hedge funds short 130% of GameStop stock (yes, that is indeed a strange number) for $10 each promising to buy all shares at the end of the month for what it assumed would be $5
WSB buys much of the shares that hedge fund does not have, and prices go up to hundreds of dollars
Meaning the ~$5 Million in profit they were expecting has now become a $12 BILLION loss!
Hedge fund throws big whiny piss baby fit to regulators and broker to make it so they don’t lose any more money
Those Meme Cannon's are firing red hot today Frens... thank fuck its STFU Friday. Please note this only applies to Commie fucktards hehe
More like tens of billions
This gives me patriot joy.
Over the target, weapons hot!
Fire for effect riggers in the open.
Weaponized autism gives me a freedom-boner bigger than a baby's arm
Is there a tldr of this whole scenario? Am super confused by what's going on, was offline for a few days 😅
Hedge funds short 130% of GameStop stock (yes, that is indeed a strange number) for $10 each promising to buy all shares at the end of the month for what it assumed would be $5
WSB buys much of the shares that hedge fund does not have, and prices go up to hundreds of dollars
Meaning the ~$5 Million in profit they were expecting has now become a $12 BILLION loss!
Hedge fund throws big whiny piss baby fit to regulators and broker to make it so they don’t lose any more money
I didn't see the little boy so when I scrolled down and saw him I f'n lost it. Great meme
Template?
Daddy, you went beyond meme magic.